Full House Resorts, Inc. (NASDAQ:FLL) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Full House Resorts, Inc. (NASDAQ:FLL) have earned an average rating of “Moderate Buy” from the four brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $3.50.

FLL has been the subject of a number of analyst reports. Citizens Jmp dropped their price objective on Full House Resorts from $4.00 to $3.00 and set a “market outperform” rating for the company in a research note on Friday, August 7th. Weiss Ratings upgraded shares of Full House Resorts from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 2nd. Wall Street Zen raised shares of Full House Resorts from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Full House Resorts in a research note on Friday, August 7th.

Full House Resorts Price Performance

Shares of FLL stock opened at $0.99 on Wednesday. The business has a 50-day moving average of $1.76 and a 200 day moving average of $2.30. Full House Resorts has a 1-year low of $0.95 and a 1-year high of $3.37. The stock has a market capitalization of $35.90 million, a PE ratio of -0.97 and a beta of 1.41.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.07). The company had revenue of $78.06 million during the quarter, compared to analysts’ expectations of $78.42 million. Full House Resorts had a negative return on equity of 473.31% and a negative net margin of 12.06%.

Institutional Investors Weigh In On Full House Resorts

Several institutional investors have recently added to or reduced their stakes in the company. AXQ Capital LP bought a new stake in Full House Resorts in the 2nd quarter worth $64,000. Jefferies Financial Group Inc. purchased a new position in shares of Full House Resorts in the second quarter valued at about $206,000. BlackRock Inc. bought a new position in shares of Full House Resorts during the second quarter valued at about $1,814,000. GSA Capital Partners LLP bought a new position in shares of Full House Resorts during the second quarter valued at about $237,000. Finally, One Wealth Advisors LLC bought a new position in shares of Full House Resorts during the second quarter valued at about $361,000. Hedge funds and other institutional investors own 37.68% of the company’s stock.

About Full House Resorts

Full House Resorts, Inc is a regional casino and hospitality company headquartered in Las Vegas, Nevada. The company owns, operates and manages gaming properties that offer casino gaming, hotel accommodations, dining, entertainment and related amenities.

Its portfolio includes Chamonix Casino Hotel and Bronco Billy’s Casino in Cripple Creek, Colorado; Silver Slipper Casino Hotel in Bay St. Louis, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Stockman’s Casino in Fallon, Nevada; and Grand Lodge Casino at Hyatt Regency Lake Tahoe in Nevada.